DataArt, the global technology consultancy that designs, develops and supports unique software solutions, kicked off this month with celebrations of its 20th birthday.
Founded in 1997 as a small operation in New York City, with an office in St. Petersburg, Russia, the consultancy has grown into a $100mn technology company, servicing over 350 clients around the world, including Nasdaq, United Technologies, S&P and Travelport.
Despite the dot com crash and the 2008 financial crisis, DataArt has reinvented itself several times along the journey, thanks to the management's focus, creativity, and risk balancing.
Expansion into Eastern Europe created the foundation for a distributed, resilient, and diversified network of companies. The launch of DataArt UK in 2001 saw the consultancy evolve as a strong player in the European market, with clients that include Ocado, Betfair and Apax Partners.
Over the years, DataArt has become a multi-generational enterprise, counting 50 married couples among its 2300 dedicated consultants, now with some of their children working in 20 global locations.
"Like happiness, DataArt is a journey, not a destination," said Eugene Goland, President of DataArt. "We have always focused on building a resilient operation that would bring true value to clients, while providing challenging projects and a nurturing environment for the staff. We believe we have found a secret ingredient that keeps people wanting to perform their best."
Vertical industry growth has been accompanied by steady geographic growth. Over the past several years DataArt has expanded into Switzerland, Poland, Argentina, Germany, and Bulgaria, and increased its presence in the U.S.
DataArt credits its success to a unique governance mechanism, its own comprehensive system of strategic and operational management, that allows it to operate at scale and continue to grow, while preserving a culture based on trust and respect for the individual and teamwork.
DataArt has been named one of the fastest-growing private US companies by Inc. magazine for seven consecutive years, posting record revenue and consistent annual growth of over 30% during that time, on track to repeat this stellar performance in 2017.
DataArt will be celebrating throughout this month with special events, open-air parties and team-building exercises.